Steep Street, Chepstow, NP16

Street Guide For Steep Street, Chepstow, NP16

 

Steep Street, Chepstow, NP16 Map

Estimated Price: £261,076
Average Asking Price: £365,832
Price change in last one year: £18,857
Average Price Paid: £265,000
Average Rent Rates: £871

 

Property Prices Breakdown in Steep Street, Chepstow, NP16

Average Price for property in Steep Street, Chepstow, NP16 is around £261,076 which varies based on type of property you are interested in and ranges from £334,606 for detached house to around £234,789 for semi-detached. Similarly terraced house is around £213,834. Values have been changing and have risen £1,987 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,557 in last 6 months, £18,857 in last 1 year, £23,048 in last 2 years, £24,087 in last 3 years, £28,827 in last 4 years and £19,952 in last 5 years.

Currently average asking price of a property in Steep Street, Chepstow, NP16 is around £365,832 based on approximately 0 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £871 per month.

Estimated property value in Steep Street, Chepstow, NP16 is £261,076. Average asking price is £365,832 while average price paid is £265,000 which is up by £19,952 and Avg. asking rent £871.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Steep Street, Chepstow, NP16 area. In last 5 years alone average price buyer paid is around £265,000 based on approximately 1 sales in Steep Street, Chepstow, NP16 area alone. If you compare it to last 7 years sales of 1 properties where buyers paid around £265,000.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £155,967, £192,905 for a 2 bedroom house, £246,768 for a 3 bedroom house, £447,441 for a 4 bedroom house and £551,744 for a 5 bedroom house. For a flat similarly the prices varies from £137,496 for a single bedroom to £198,170 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £274,950. To sum up the asking prices for properties in Steep Street, Chepstow, NP16 it comes to around average £140,959 for 1 bedroom property, £194,660 for 2 bedroom, £247,500 for 3 bedroom, £447,441 for 4 bedroom and £551,744 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £615 for 2 bedroom to £695 for 3 bedroom, £1,378 for 4 bedroom and £1,624 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £462. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £576. You should be generally be expecting around average £462 rent per month for single bedroom property, £607 for 2 bedroom, £695 for 3 bedroom, £1,378 for 4 bedroom and approximately £1,624 for a 5 bedroom property in Steep Street, Chepstow, NP16 area.

Popular Houses in Steep Street, Chepstow, NP16

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Steep Street, Chepstow, NP16